Diana Transport fixes out panamax to ST Transport and Transport

New York-listed Greek bulker proprietor Diana Transport has entered right into a time constitution contract with Glencore’s Singapore-based ST Transport and Transport for one in all its panamax dry bulk vessels. Additionally, the corporate’s offshore wind JV exercised an possibility for a further two CSOVs.

ST Transport employed the 2013-built, 75,403-dwt bulker
Maera. The gross constitution price is $13,750, minus a 5% fee paid to 3rd events, for a interval till a minimal of November 20, 2024, as much as a most of January 20, 2025.

The constitution is predicted to start on January 28, 2024. In line with the corporate, the vessel is presently chartered to Cargill Worldwide at a gross constitution price of $12,000 per day, minus a 4.75% fee paid to 3rd events.

Diana Transport claimed that the employment of the Maera is anticipated to generate round $4.03m of gross income for the minimal scheduled interval of the time constitution.

The Semiramis Paliou-led firm has a fleet presently consisting of 40 dry bulk vessels – 4 newcastlemax, 9 capesize, 5 post-panamax, six kamsarmax, seven panamax, and 9 ultramax. As of at this time, the mixed carrying capability of the corporate’s fleet is roughly 4.5m dwt with a weighted common age of 10.59 years.

Earlier this month, entered right into a time constitution contract with Stone Transport for the 2016-built, 60,309-dwt DSI Aquarius and received a contract extension for the post-panamax bulker Amphitrite with Cobelfret.